WELCOME TO CREDIBILITY

What does Credibility do?

European Market

• 20,000,000 SME's in EU
• 60% have wasted resources chasing debts
• 34% Business owners using own money to fund late payers

UK Market

• 1 in 4 UK SME's spend 10hrs or more chasing late payments
• UK SME's in 2014 were owes £39.9 Bn
• An increase of 30% from 2013 £30Bn
• Source Barclays Bank "When will SME's be paid on time?"

Receive Alerts

YOUR CUSTOMERS BEFORE YOU SELL TO THEM

SEND TO A DEBT COLLECTOR

TRACE AWOL DEBTORS

OR GO LEGAL

Anytime - Anyplace -Anywhere

ALL IN A SINGLE CLICK

Who thinks this is a good idea?

• SAP
• Intuit UK
• SFA Ireland 8000 members
• Big Red Cloud
• Indian Chamber of Commerce 200,000 Co's

Financials

• 250K for 10% Match Funding with Enterprise Ireland
• Approx 16k pm Cashburn
• No revenue in 1st in projections but expected
• Cash flow positive Q1 yr 2 on conservative basis

What we need the money for!

• Increase Dev Team
• Release founders to sell
• Develop SAP product 6 mths
• Develop "Glimpse Data" Algorithm
• Phone App for SME Product

The Team

• Richard Hobson system designer 15 yrs Debt Collection exp
• Aurobinda De Head Programmer Aviva Insurance
• Dimitri Zatsev Associated Maths Professor Trinity College Dublin

Thank You Any Questions?

Credibility